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ING Direct, with its eye catching orange symbol, offers many services to consumers.ING offers direct banking, retail banking and consumer banking, as well as online services to its customers.

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How does socio-cultural environment affect business?

The socio-cultural environment, in regards to marketing a small business, has many facets. One of the most important is the atmospherics of the store. When customers enter they want to feel welcomed and that the staff is friendly. This is also important when marketing because the business will want to attract a certain psychographic segment of the populous. You want to accomodate your specific target market by making sure that their needs coincide with what you have to offer and how they percieve that. Also when customers do percieve that their cultural values are being respected by the business as evident in it's market(ing) strategy and customer handling, they will respond more positively to the business and it's revenues will increase.


Were does the word marketing come from?

Market is circa 1154, "a meeting at a fixed time for buying and selling livestock and provisions," from Old Norman French market (Old French marchiet, French.. marché), from Latin mercatus "trading, trade, market" (cf. Italian mercato, Spanish mercado), from past pluperfect of mercari "to trade, deal in, buy," from merx (genitive mercis) "wares, merchandise," from Italic root *merk-, possibly from Etruscan, referring to various aspects of economics. '-ing' is the simple gerunditive adjectival suffix; swiming pool, fishing pole, riding mower To go to do some marketing so as to have something to market


10 definitions of economics?

1. Adam Smith's DefinitionAdam Smith, considered to be the founding father of modern Economics, defined Economics asthe study of the nature and causes of nations' wealth or simply as the study of wealth.The central point in Smith's definition is wealth creation. Implicitly, Smith identifiedwealth with welfare. He assumed that, the wealthier a nation becomes the happier are itscitizens. Thus, it is important to find out, how a nation can be wealthy. Economics is thesubject that tells us how to make a nation wealthy. Adam Smith's definition is a wealth-centreddefinition of Economics.2. Alfred Marshall's DefinitionAlfred Marshall also stressed the importance of wealth. But he also emphasised the role of theindividual in the creation and the use of wealth. He wrote: "Economics is a study of man inthe ordinary business of life. It enquires how he gets his income and how he uses it. Thus, it ison the one side, the study of wealth and on the other and more important side, a part of thestudy of man". Marshall, therefore, stressed the supreme importance of man in the economicsystem. Marshall's definition is considered to be material-welfare centred definition ofEconomics.3. Lionel Robbins' DefinitionThe next important definition of Economics was due to Prof. Lionel Robbins. In his book'Essays on the Nature and Significance of the Economic Science', published in 1932, Robbins gave adefinition which has become one of the most popular definitions of Economics. According toRobbins, "Economics is a science which studies human behaviour as a relationship betweenends and scarce means which have alternative uses". A long line of economists after Robbins,including Scitovsky and Cassel agreed with this definition and carried on their analysis inline with this definition. It is a scarcity-based definition of Economics.4. Modern Growth-Oriented Definition of SamuelsonIn relatively recent times, more comprehensive definitions of Economics have been offered.Thus, Professor Samuelson writes, "Economics is the study of how people and society end upchoosing, with or without the use of money, to employ scarce productive resources that couldhave alternative uses to produce various commodities over time and distributing them forconsumption, now or in the future, among various persons or groups in society. It analysescosts and benefits of improving patterns of resource allocation". A large number of moderneconomists subscribe to this broad definition of Economics.5. Gary Becker, a contributor to the expansion of economics into new areas, describes the approach he favors as "combin[ing the] assumptions of maximizing behavior, stable preferences, and market equilibrium, used relentlessly and unflinchingly."[23] One commentary characterizes the remark as making economics an approach rather than a subject matter but with great specificity as to the "choice process and the type of social interaction that [such] analysis involves." The same source reviews a range of definitions included in principles of economics textbooks and concludes that the lack of agreement need not affect the subject-matter that the texts treat. Among economists more generally, it argues that a particular definition presented may reflect the direction toward which the author believes economics is evolving, or should evolve.[24]6. J.-B. Say (1803), distinguishing the subject from its public-policy uses, defines it as the science of production, distribution, and consumption of wealth.7. Stuart Mill (1844) defines the subject in a social context as: The science which traces the laws of such of the phenomena of society as arise from the combined operations of mankind for the production of wealth, in so far as those phenomena are not modified by the pursuit of any other object.[16]8. According to Harper (2001), Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)".Current economic models emerged from the broader field of political economy in the late 19th century. A primary stimulus for the development of modern economics was the desire to use an empirical approach more akin to the physical sciences. (Clark, 1998).9. Rutherford, (1996) opined that economics is a Study of the economy. Classic economics concentrates on how the forces of supply and demand allocate scarce product and service resources. Macroeconomics studies a nation or the world's economy as a whole, using data about inflation, unemployment and industrial production to understand the past and predict the future. Microeconomics studies the behavior of specific sectors of the economy, such as companies, industries, or households. Over the years, various schools of economic thought have gained prominence, including Keynesian Economics, Monetarism and Supply-Side Economics.10. Mark Blaug (2007) defines economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management.Economics therefore is the social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants. It also studies how the forces of supply and demand allocate scarce resources


Why do less developed countries have more people?

they have the highest population because they feel that the children are the future. the more children they have the better the economy will be in the future for their children and their families. because of this reason they are having as many kids possible so that they would be able to become a developed country over the next few decades.


Is baseball a monopoly... If so is baseball exempt from US monopoly laws... If so why?

"Baseball is the only major sport with an antitrust exemption. In fact, as I understand it, it is virtually the only business with an exemption to the Sherman and Clayton acts, which regulate interstate commerce. Thanks to the 1922 Supreme Court, baseball controls at least the movement of its franchises and is somewhat exempt from labor relation laws. This exemption has been challenged in courts several times, but never repealed.According to the New York Times, "The Court has never delineated what is covered by the exemption. But it has come to embrace a blanket immunity from Federal court action regarding player movement, franchise shifts, expansion, broadcasting, team ownership, the minor leagues and the amateur draft." Although there are real questions about the practical impact of the exemption, it is still in place. It still serves as a partial shield from competition and federal oversight.Does that put an extra moral burden on MLB? Well, let's compare MLB to legal monopolies for a second. Legal monopolies are often required to allow governments to regulate them to a heavy extent. They have citizen's boards and public hearings. Their prices are set or reviewed by third parties. Theoretically, all major decisions in legal monopolies are made in the public arena, because nothing should be hidden when a single institution has such market power.Is Major League Baseball a "legal monopoly?" Are they protected by law from competition? No-you've got to say that many sports, such as basketball and football, are pretty good competitors for the "sporting dollar." (Though Ted Turner's quote still delights: "Gentlemen, we have the only legal monopoly in the country and we're f***ing it up.") But MLB does have a legal advantage over its competitors; no other sport has an antitrust exemption. No other sport has an opportunity to lean on a questionable Supreme Court ruling to protect its interests. No other sport is so protected from the development of a rival league.So let's call baseball a "legally sanctioned near-monopoly." The next question is, is baseball open the same way legal monopolies are? Is it even close?No. There is no fan's committee. Ownership meetings are not open to the public. Prices aren't set by a third party. The press only sporadically plays an effective journalistic role. Congress, through periodic hearings, has taken some interest in holding Baseball accountable to the greater good, but not a lot. They have more important matters to attend to.This lack of transparency and regulation, coupled with the remarkable antitrust exemption, means that everyone involved in Major League Baseball has a unique and particular ethical responsibility. Since there is no competition to keep them honest, the manner in which MLB works with its employees and players, local and national government, other businesses, and with their customers should be held to a higher standard than that of other private enterprises. The antitrust exemption is a privilege, and privileged institutions have higher moral responsibilities.Do major league owners always live up to those higher standards? No, of course not. We can have reasonable debates about how far they veer from those standards, but that doesn't mean those standards don't exist. They are as "real" as any ethical standards can be, short of law."from: http://www.hardballtimes.com/main/article/is-baseball-special/

Related questions

What services does ING Direct offer?

ING Direct is an international bank that offers financial services. It provides insurance, retail banking, personal banking, investmant banking and direct banking.


What kinds of services does ING Direct.com offer?

ING Direct offers different types of services for its customers. You can view openings and can find interview questions at the official website of ING .


What financial services are offered by ING Direct?

The financial services that ING Direct offers to investors or potential investors are many. ING Direct offers life insurance policies, retirement accounts, annuities, and investment programs, to name a few.


Does ing have an insurance on their product line?

Yes, ING Direct online banking is an FDIC insured bank. So, your money is as safely deposited in ING Direct as in any other bank that has FDIC insurance. They offer all the same basic services and protections of most banks.


What is ing direct and why do we use it?

ING Direct is a financial services company, offering savings and investment accounts to their customers. They are primarily an online banking entity.


What account services does ING offer?

ING direct offers the same checking options as many other banks. You are able to transfer money from one account to another with no additional fees, it's FDIC insured and a quick application process.


What is the definition of ing direct canada?

ING Direct Canada is a Canadian bank owned by ING group, a European banking group. It was founded in Canada in 1997 as an alternative, no-fee, high interest banking services provider.


What is travel direct?

Travel Direct companies offer discounts to consumers on vacation flights. They accomplish this by agree ing to purchase tickets in large numbers from the airlines for business or casual customers. Normally they will sell these at a slight discount to the customers. They basically bulk buy and resell.


Where can one get financing on a mobile home?

Financing on mobile homes can be difficult to find at times but some local banks may offer financing on them. Some venues that offer financing are ING Direct, 21st Mortgage, and Financial Services Unlimited.


What are some advantages to ING Direct savings accounts?

ING Direct offers saving accounts with no fees attached and no restrictions on deposit amounts. Additionally, the company offer around the clock customer service.


What kind of banking services does ING offer?

ING offers common banking services such as checking accounts, home loans, investing, retirement accounts, children's savings accounts and CD's (certificate of deposits).


Where would an ing mortgage calculator?

ING direct and ING bank offer mortgage rates as well as a mortgage calculator on their website. Once you have confirmed a lock-in rate you can calculate your mortgage payment accurately.